Sidus Space, Inc. - Class A Common Stock (SIDU)

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, today announced that LizzieSat™-3 has arrived at Vandenberg Space Force Base in California to begin spacecraft integration in preparation for its scheduled launch and deployment into low Earth orbit no earlier than the first quarter of 2025 as part of the Transporter-13 rideshare mission with SpaceX.

Please replace the release dated January 28, 2025, with the following corrected version due to multiple revisions.

Sidus Space (NASDAQSIDU), an innovative and agile space mission enabler, today announced the appointment of Adarsh Parekh as its new Chief Financial Officer, effective January 27, 2025.

Sidus Space (NASDAQSIDU), an innovative and agile space mission enabler, today announced a year of significant achievements in 2024, marking a period of transformative growth and strategic milestones. With key launches, groundbreaking partnerships and expanding customer relationships, we believe Sidus is well-positioned to continue delivering innovative solutions and scalable data services in 2025.

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, today announced the successful launch and deployment of LizzieSat™-2 into low Earth orbit as part of the Bandwagon-2 rideshare mission with SpaceX, which launched on December 21, 2024 from Vandenberg Space Force Base in California.

Liftoff of the Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, LizzieSat™-2 is targeted for December 21, 2024 from Vandenberg Space Force Base in California as part of the Bandwagon-2 rideshare mission with SpaceX. Live mission updates will be available on X (formerly Twitter) @SpaceX.

Sidus Space, Inc. (NASDAQSIDU) (the "Company" or "Sidus"), an innovative, agile space mission enabler, today announced the closing of its brokered private placement offering with accredited and institutional investors for the issuance and sale of units consisting of shares of Class A common stock (each a “Common Share”) (or pre-funded warrants (each a “Pre-funded Warrant”) in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of Common Shares (or Pre-funded Warrants) of the Company at a price of $2.07 per unit, for aggregate gross proceeds of approximately $14.1 million, before deducting fees and offering expenses.

Sidus Space, Inc. (NASDAQSIDU) (the "Company" or "Sidus"), an innovative, agile space mission enabler, today announced that it has entered into definitive securities purchase agreements dated December 17, 2024 with accredited and institutional investors for the issuance and sale of units consisting of shares of Class A common stock (each a “Common Shares”) (or pre-funded warrants (“Pre-funded Warrants”) to purchase in lieu thereof) together with warrants (each a "Common Warrant") to purchase one-half of the number of shares of Class A common stock (or Pre-funded Warrants) of the Company at a price of $2.07 per unit, on a brokered private placement basis, for aggregate gross proceeds of approximately $14 million, before deducting fees and offering expenses.

EQNX::TICKER_START (NYSEKULR),NYSE:FREYNYSEFREY)(NASDAQ:RUNNASDAQRUN,(NASDAQ:TSLANASDAQ),(NASDAQ:SIDUSIDU) EQNX::TICKER_END

PALM BEACH, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The space battery market is expanding swiftly as improved batteries meet the high-demand needs of space missions with superior energy density, safety, and lightweight performance. The progress of orbital and space exploration presents a substantial market potential for the space battery industry. The need for dependable energy storage solutions is at an all-time high due to increased exploration missions by governmental organizations like NASA and ESA, as well as ambitious projects by private companies such as SpaceX and Blue Origin. These groups are not just centered on sending satellites into orbit but also taking part in exploring the moon and Mars. As these efforts increase, the demand for space batteries that are both efficient and long-lasting, able to endure harsh conditions in outer space, becomes crucial. According to a recent industry report from Introspective Market Research, the Space Battery Market Size Was Valued at USD 3.66 Billion in 2023, and is Projected to Reach USD 6.56 Billion by 2032. The report said: “The market for space batteries is an exciting and quickly growing sector in the energy storage industry, set to be crucial in upcoming space exploration endeavors. Fueled by a rise in space missions from government agencies and private companies, this market is seeing unparalleled expansion. Space batteries are customized to endure harsh environments, ensuring a consistent, lasting energy supply for spacecraft like satellites, rovers, and space stations. Due to advancements in lithium-ion and solid-state technologies, these batteries now possess greater energy densities and extended service lives, rendering them better equipped to handle the demanding requirements of space exploration.” Active companies in news today include: KULR Technology Group, Inc. (NYSEKULR), FREYR Battery NYSE: FREYNYSEFREY)(NASDAQ: RUNNASDAQRUN, Tesla, Inc. (NASDAQ: TSLANASDAQ), Sidus Space (NASDAQ: SIDUSIDU).

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, announced the successful completion of the launch processing of LizzieSat™-2 at the Astrotech Space Operations facility at Vandenberg Space Force Base in California. LizzieSat™-2 has been turned over to SpaceX and is ready for launch on the Bandwagon-2 rideshare mission, which is targeted for no earlier than December of 2024.

Sidus Space (NASDAQSIDU), (the “Company” or “Sidus”), an innovative space mission enabler, today announced a strategic partnership with Reflex Aerospace, a cutting-edge European satellite manufacturing startup. This partnership combines Sidus’ expertise in satellite manufacturing and mission operations with Reflex Aerospace’s rapid, custom satellite design capabilities. Together, the companies aim to deliver flexible, cost-effective, and high-performance solutions to meet diverse customer needs while strengthening their presence in global markets.

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, announced its financial results for the third quarter ended September 30, 2024, and provided a business update. The Company is scheduled to host a conference call and webcast today, Thursday, November 14, at 5:00 p.m. ET.

Sidus Space, Inc. (Nasdaq: SIDU) ("Sidus" or the "Company"), an innovative, agile space mission enabler, today announced the closing of its previously announced underwritten public offering of 5,600,000 shares of its Class A common stock (or pre-funded warrants (“Pre-funded Warrants” in lieu thereof). Each share of Class A common stock (or Pre-funded Warrant) was sold at a public offering price of $1.25 per share (inclusive of the Pre-funded Warrant exercise price) for gross proceeds of $7.0 million, before deducting underwriting discounts and offering expenses.

Sidus Space, Inc. (Nasdaq: SIDU) ("Sidus" or the "Company"), an innovative, agile space mission enabler, today announced the pricing of an underwritten public offering of 5,600,000 shares of its Class A common stock (or pre-funded warrants (“Pre-funded Warrants” in lieu thereof)). Each share of Class A common stock (or Pre-funded Warrant) is being sold at a public offering price of $1.25 per share (inclusive of the Pre-funded Warrant exercise price) for gross proceeds of $7.0 million, before deducting underwriting discounts and offering expenses. All of the shares of common stock and Pre-funded Warrants are being offered by the Company. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 840,000 shares of Class A common stock and/or Pre-funded Warrants to cover over-allotments at the public offering price, less the underwriting discount.

Sidus Space (NASDAQSIDU), (the “Company” or “Sidus”), an innovative space mission enabler, today announced it has been selected to design and build the first generation of Data Storage Spacecraft for Lonestar, a provider of premium data storage and Resiliency As A Service (RAAS). This award selects Sidus as Lonestar’s exclusive satellite manufacturing partner for six data storage spacecraft that will orbit the Moon, offering advanced data storage and disaster recovery capabilities for mission-critical information.

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, today announced that it will host its third quarter 2024 financial results conference call at 5:00 p.m. Eastern Time on Thursday, November 14, 2024.

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, announced a strategic communication upgrade for its LizzieSat™ platform, integrating Iridium-enabled technology into future satellites to deliver low-latency data capabilities from space. This upgrade leverages the Iridium satellite constellation to provide real-time, direct-to-satellite phone messaging for a range of time-sensitive applications, including environmental monitoring, disaster response and maritime security.

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, today announced the successful completion of the critical design review for LizzieSat™ NL, a laser communication satellite contracted by The Netherlands Organization (TNO). This milestone not only validates the technical baseline for the satellite design but also triggers a milestone payment as part of the multimillion-dollar agreement.

Sidus Space, Inc. (NASDAQSIDU), an innovative, agile space mission enabler, today announced that the U.S. Federal Communications Commission (FCC) has granted approval for the company to operate a micro constellation of remote sensing, multi-mission satellites in Low Earth Orbit (LEO).

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), a full stack vertically integrated satellite manufacturer and operator with diverse space services capabilities including engineering, contract manufacturing, product development and mission operations, announces the successful completion of a critical milestone: the environmental testing of LizzieSat™-2 (LS-2). This key achievement comes as the Company prepares for the upcoming launch which is planned to carry LS-2 into Low Earth Orbit later this year.

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), a provider of end-to-end precision Space Infrastructure solutions and Data-as-a-Service products, announced today, at the World Space Business Week (WSBW) conference in Paris, the signing of an agreement with Neuraspace. Under the agreement, Neuraspace will provide Space Traffic Management and LEOP (Launch and Early Operations) support services to Sidus Space, thereby enhancing the Company’s constellation operation capabilities.

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), a provider of end-to-end precision Space Infrastructure solutions that include satellite Data-as-a-Service on its proprietary on-orbit platform, is pleased to announce the award of a follow on contract from NASA Stennis for additional ASTRA (Autonomous Satellite Technology for Resilient Applications) support aboard LizzieSat™-1.

Sidus Space (NASDAQSIDU) (the “Company” or “Sidus”), a provider of end-to-end precision Space Infrastructure solutions that include satellite Data-as-a-Service on its proprietary on-orbit platform, today announced that its Board of Directors has appointed Lavanson (LC) Coffey as an Independent Director, effective August 27, 2024.

Sidus Space, Inc. (NASDAQSIDU), a provider of end-to-end precision Space Infrastructure solutions that include satellite Data-as-a-Service on its proprietary on-orbit platform, today announced that they will attend World Satellite Business Week (WSBW) 2024, held in Paris from September 16-20. Sidus Space’s CEO, Carol Craig, will join industry leaders as a speaker on the panel Sky’s No Limit: The Rise of the Space Infrastructure as a Service Offering, scheduled for September 18 from 14:10 to 14:50.